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Happy Professional Training - Interview Coaching
India
เข้าร่วมเมื่อ 21 มิ.ย. 2024
Welcome to Happy Professional Training!
Driven by a passion for helping students thrive, this channel is your go-to resource for excelling in your professional journey. We provide practical guidance and expert advice on essential topics like interview preparation, resume writing, networking, confidence-building, and unlocking your full potential.
Whether you're pursuing a Bachelor’s or Master’s degree, Happy Professional Training is here to support you in achieving your career aspirations and building a fulfilling professional life.
Got questions? Need personalized advice? Reach out to us at Happyprofessionaltraining@gmail.com or drop a comment on any of our videos. We’re here to help and will get back to you with tailored guidance.
We believe in you! Good luck on your journey!
Driven by a passion for helping students thrive, this channel is your go-to resource for excelling in your professional journey. We provide practical guidance and expert advice on essential topics like interview preparation, resume writing, networking, confidence-building, and unlocking your full potential.
Whether you're pursuing a Bachelor’s or Master’s degree, Happy Professional Training is here to support you in achieving your career aspirations and building a fulfilling professional life.
Got questions? Need personalized advice? Reach out to us at Happyprofessionaltraining@gmail.com or drop a comment on any of our videos. We’re here to help and will get back to you with tailored guidance.
We believe in you! Good luck on your journey!
Accounts and Finance Quiz | Can you score 10/10? | Part 2 #finance #accounts #interview
Comment your score below!
Below are the explanations for all the questions.
Q1: c) To ensure total debits equal total credits
A trial balance checks the accuracy of ledger entries by verifying that the total of debit balances matches the total of credit balances.
Q2: b) A liability that may arise based on the outcome of a future event
Contingent liabilities depend on uncertain events, like lawsuits or guarantees, and are disclosed in the notes unless the probability is remote.
Q3: c) Depreciation
Depreciation is a non-cash expense because it does not involve an actual outflow of cash but reflects the allocation of an asset's cost over time.
Q4: a) Allocating the cost of intangible assets over their useful life
Amortization is the process used for intangible assets like patents or copyrights, similar to depreciation for tangible assets.
Q5: b) To match the cash balance per books with the bank statement balance
Bank reconciliation identifies discrepancies between the company's cash book and the bank statement, including outstanding checks, deposits in transit, or errors.
Q6: b) Evaluating and selecting long-term investment projects
Capital budgeting involves assessing projects like purchasing machinery or building facilities to ensure they align with the company’s strategic goals.
Q7: a) Asset
Prepaid expenses are classified as assets because they represent services or benefits the company will receive in the future.
Q8: a) Return on Equity
ROE is a key profitability metric that evaluates how effectively a company uses shareholders' equity to generate profit.
Q9: c) Bonds payable
Bonds payable are long-term liabilities, as they represent debt obligations. Equity includes items like common stock, retained earnings, and additional paid-in capital.
Q10: c) Long-term debt
Net working capital focuses on current assets (e.g., accounts receivable, inventory) and current liabilities (e.g., accounts payable), excluding long-term obligations like debt.
All the best in your interview preparation!
@Happyprofessionaltraining
Job interview tips, finance interview questions, Accounting Interview questions, interview preparation
Below are the explanations for all the questions.
Q1: c) To ensure total debits equal total credits
A trial balance checks the accuracy of ledger entries by verifying that the total of debit balances matches the total of credit balances.
Q2: b) A liability that may arise based on the outcome of a future event
Contingent liabilities depend on uncertain events, like lawsuits or guarantees, and are disclosed in the notes unless the probability is remote.
Q3: c) Depreciation
Depreciation is a non-cash expense because it does not involve an actual outflow of cash but reflects the allocation of an asset's cost over time.
Q4: a) Allocating the cost of intangible assets over their useful life
Amortization is the process used for intangible assets like patents or copyrights, similar to depreciation for tangible assets.
Q5: b) To match the cash balance per books with the bank statement balance
Bank reconciliation identifies discrepancies between the company's cash book and the bank statement, including outstanding checks, deposits in transit, or errors.
Q6: b) Evaluating and selecting long-term investment projects
Capital budgeting involves assessing projects like purchasing machinery or building facilities to ensure they align with the company’s strategic goals.
Q7: a) Asset
Prepaid expenses are classified as assets because they represent services or benefits the company will receive in the future.
Q8: a) Return on Equity
ROE is a key profitability metric that evaluates how effectively a company uses shareholders' equity to generate profit.
Q9: c) Bonds payable
Bonds payable are long-term liabilities, as they represent debt obligations. Equity includes items like common stock, retained earnings, and additional paid-in capital.
Q10: c) Long-term debt
Net working capital focuses on current assets (e.g., accounts receivable, inventory) and current liabilities (e.g., accounts payable), excluding long-term obligations like debt.
All the best in your interview preparation!
@Happyprofessionaltraining
Job interview tips, finance interview questions, Accounting Interview questions, interview preparation
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All of the above
Best and right ans
Great observation, but let’s break it down! While all the options (Paper, Cover, Author, Publisher) are important in making a book complete, the question is asking for the essential part - the one thing a book cannot exist without. In this case, it’s Paper. Without paper, a book wouldn’t have content to read, regardless of the cover, author or publisher. Hope this clears up the concept!
R
Perfect!
AE
Perfect!
Hangar but how
@@KANCHANMISHRA-e8m A hangar is like a garage for airplanes. It’s where planes are parked, stored and maintained. Hope this helps!
@HappyProfessionalTraining thank u
@@KANCHANMISHRA-e8m Anytime 😊
@@HappyProfessionalTraining 🤝
Hanger
@AksharaGanesh-k2b Very Good!
C
@@SurajKumar-t1p4b Good try! The correct answer is Hangar…
B
@@ranitgaming773 Perfect!
Hangar
@@SaBiha-l5m Very Good 😊
Answer d
@@abinayamohan4117 Good try! The correct answer is option a..
Hanger
@@jothiranjithkumarjrk.m7261 Perfect 😊
Hanger
@@poojabhalerao2506 Very Good 😊
D
@@jitendrakumaryadav559 Good try! The correct answer is Hangar!
B
@@Nisha-b9v4i Very Good 😊
Wait what is hangar
@@ViratRajGupta-r2e A hangar is like a garage for airplanes. It’s where planes are parked, stored and maintained. Hope this helps!
A
@@rajnisam100 Good try! The correct answer is Hangar…
D
@@GuiariaAntingan-d9f Good Try .. the correct answer is Hangar!
Hangar
@BhoomikaSH-nh4no Very Good 😊
K
@@azhagunatchiganesan9243 Very Good! 😊
How it is k?
Start with A, skip 0 letters : A → B Next, skip 1 letter (C): B → D Then, skip 2 letters (E, F): D → G Then, skip 3 letters (H, I, J): G → K So, the next letter in the sequence is K. @ns_angel_ Hope this helps!
@HappyProfessionalTraining tq for explainationz
@@ns_angel_ Feel free to ask if you have any doubts! All the very best in your preparations!
I
@@IsmailIffah-y5h Good try! The correct answer is K …
Runway
@@snehachauhan5436 Good try! The answer is Hangar…
T
@@Msbinita77 Very Good!
K
@@sibichenjoseph3225 Perfect!
J
@@KNretnamma Good Try! The answer is K 😊
8
@@AfeezOseni-ch5op Very Good! 😊
B
@@UmaBanoth-c1b Perfect!
Score 7.
@@PT-nm8we Very Good!
K
@Hmmmmm77 Perfect!
B
@SaraMudasir-b9t Very Good!
Hangar
@@ParveenDarakhsha Perfect!
Hangar
@@israrahmedkhan526 Perfect!
Answer (a) Q
@swetabharti3920 Very Good!
Q why (Q) Reason A after b c d then e will come E after f g h then I will come I after j k l then M will come M after n o p then Q so it is prove Therefore, after 3 alphabets the answer will repeat till your answer did come (Q) is the answer Hence proved 😉
@@kenishamakhani2933 Perfect 👌
The correct answer is sky😊
Good try! The correct answer is Hangar.
Hanger
@@naturalnagavalli8536 Very Good!
🎉
Runway
@@sabitadas7210 Good try! The correct answer is Hangar.
Ev
@@KrishnaHaldar-ux2om Perfect!
Hanger
@@parisiwach2839 Prefect!
Have any doubts about the questions? Feel free to comment below, and I'll do my best to help you out!
1
Thank you so much @rudysawe8234 for taking the time to work on the verbal analogy practice set and sharing your answers one by one! I truly appreciate your dedication and effort- it shows how committed you are to improving. 👏 To make it easier to check the answers, I've highlighted the correct option right after each question in the video. If possible, you can double-check your answers as you go along to save time. Also, since the questions don’t have numbers, it’s a little hard for me to match your answers exactly. If you'd like, you can group your answers together and mention the question briefly, like 'For Q1: Option A,' so I can respond to each one more accurately. Either way, great job putting in the work-keep it up!
1
Thank you so much @rudysawe8234 for taking the time to work on the verbal analogy practice set and sharing your answers one by one! I truly appreciate your dedication and effort- it shows how committed you are to improving. 👏 To make it easier to check the answers, I've highlighted the correct option right after each question in the video. If possible, you can double-check your answers as you go along to save time. Also, since the questions don’t have numbers, it’s a little hard for me to match your answers exactly. If you'd like, you can group your answers together and mention the question briefly, like 'For Q1: Option A,' so I can respond to each one more accurately. Either way, great job putting in the work-keep it up!
4
Thank you so much @rudysawe8234 for taking the time to work on the verbal analogy practice set and sharing your answers one by one! I truly appreciate your dedication and effort- it shows how committed you are to improving. 👏 To make it easier to check the answers, I've highlighted the correct option right after each question in the video. If possible, you can double-check your answers as you go along to save time. Also, since the questions don’t have numbers, it’s a little hard for me to match your answers exactly. If you'd like, you can group your answers together and mention the question briefly, like 'For Q1: Option A,' so I can respond to each one more accurately. Either way, great job putting in the work-keep it up!
3
Thank you so much @rudysawe8234 for taking the time to work on the verbal analogy practice set and sharing your answers one by one! I truly appreciate your dedication and effort- it shows how committed you are to improving. 👏 To make it easier to check the answers, I've highlighted the correct option right after each question in the video. If possible, you can double-check your answers as you go along to save time. Also, since the questions don’t have numbers, it’s a little hard for me to match your answers exactly. If you'd like, you can group your answers together and mention the question briefly, like 'For Q1: Option A,' so I can respond to each one more accurately. Either way, great job putting in the work-keep it up!
2
Thank you so much @rudysawe8234 for taking the time to work on the verbal analogy practice set and sharing your answers one by one! I truly appreciate your dedication and effort- it shows how committed you are to improving. 👏 To make it easier to check the answers, I've highlighted the correct option right after each question in the video. If possible, you can double-check your answers as you go along to save time. Also, since the questions don’t have numbers, it’s a little hard for me to match your answers exactly. If you'd like, you can group your answers together and mention the question briefly, like 'For Q1: Option A,' so I can respond to each one more accurately. Either way, great job putting in the work-keep it up!
4
Thank you so much @rudysawe8234 for taking the time to work on the verbal analogy practice set and sharing your answers one by one! I truly appreciate your dedication and effort- it shows how committed you are to improving. 👏 To make it easier to check the answers, I've highlighted the correct option right after each question in the video. If possible, you can double-check your answers as you go along to save time. Also, since the questions don’t have numbers, it’s a little hard for me to match your answers exactly. If you'd like, you can group your answers together and mention the question briefly, like 'For Q1: Option A,' so I can respond to each one more accurately. Either way, great job putting in the work-keep it up!
4
Thank you so much @rudysawe8234 for taking the time to work on the verbal analogy practice set and sharing your answers one by one! I truly appreciate your dedication and effort- it shows how committed you are to improving. 👏 To make it easier to check the answers, I've highlighted the correct option right after each question in the video. If possible, you can double-check your answers as you go along to save time. Also, since the questions don’t have numbers, it’s a little hard for me to match your answers exactly. If you'd like, you can group your answers together and mention the question briefly, like 'For Q1: Option A,' so I can respond to each one more accurately. Either way, great job putting in the work-keep it up!
2
Thank you so much @rudysawe8234 for taking the time to work on the verbal analogy practice set and sharing your answers one by one! I truly appreciate your dedication and effort- it shows how committed you are to improving. 👏 To make it easier to check the answers, I've highlighted the correct option right after each question in the video. If possible, you can double-check your answers as you go along to save time. Also, since the questions don’t have numbers, it’s a little hard for me to match your answers exactly. If you'd like, you can group your answers together and mention the question briefly, like 'For Q1: Option A,' so I can respond to each one more accurately. Either way, great job putting in the work-keep it up!
Nest
Thank you so much @rudysawe8234 for taking the time to work on the verbal analogy practice set and sharing your answers one by one! I truly appreciate your dedication and effort- it shows how committed you are to improving. 👏 To make it easier to check the answers, I've highlighted the correct option right after each question in the video. If possible, you can double-check your answers as you go along to save time. Also, since the questions don’t have numbers, it’s a little hard for me to match your answers exactly. If you'd like, you can group your answers together and mention the question briefly, like 'For Q1: Option A,' so I can respond to each one more accurately. Either way, great job putting in the work-keep it up!
4
Thank you so much @rudysawe8234 for taking the time to work on the verbal analogy practice set and sharing your answers one by one! I truly appreciate your dedication and effort- it shows how committed you are to improving. 👏 To make it easier to check the answers, I've highlighted the correct option right after each question in the video. If possible, you can double-check your answers as you go along to save time. Also, since the questions don’t have numbers, it’s a little hard for me to match your answers exactly. If you'd like, you can group your answers together and mention the question briefly, like 'For Q1: Option A,' so I can respond to each one more accurately. Either way, great job putting in the work-keep it up!